The energy sector is still in the midst of a near-depression, and BP‘s (LSE: BP) high dividend payout is hardly justified by its profitability — but drawing a line under the costs of the fatal 2010 Gulf of Mexico oil spill is certainly a cause for relief.
Passive income stocks: our picks
Do you like the idea of dividend income?
The prospect of investing in a company just once, then sitting back and watching as it potentially pays a dividend out over and over?
If you’re excited by the thought of regular passive income payments, as well as the potential for significant growth on your initial investment…
Then we think you’ll want to see this report inside Motley Fool Share Advisor — ‘5 Essential Stocks For Passive Income Seekers’.
What’s more, today we’re giving away one of these stock picks, absolutely free!